The price of one item goes up. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

To put it simply, it is because there is competition from buyers that exceeds the competition from sellers that the price of items increases, and the technical term is inflation.

The same is true for housing prices, and there is always the shadow of money behind high housing prices.

Broad money M2 (an economic concept that reflects reality and potential purchasing power) has recently been frequently mentioned by experts in the United States.

According to statistics from the Institute of Economic Research, since 1985, M2 in the United States has more than tripled in ten years, which means that there is more money circulating in the market, and real estate is an important flow of that money.

This was an unprecedented transfer of wealth in New York City in the 90s of the 20th century, during which no new wealth was created, only a horizontal flow of money.

Homeowners in first-tier cities and some second-tier cities have automatically become the beneficiaries of this wealth transfer, while the wealth of residents in the rest of the United States has quietly shrunk without realizing it.

From October last year to now, in less than a year, the average house price per square meter in New York has skyrocketed by 18.3%, and the highest growth rate belongs to the Upper East Side of Manhattan, where real estate prices have increased by an average of 22.7%!

Han Xuan just helped light the fire, and the land price in New York was like crazy, constantly being raised.

Seeing that it was profitable, a large group of people and institutions came to New York to buy a house.

The rise in housing prices in New York is like a signal of the recovery of the U.S. housing market, which has led to varying degrees of housing prices in other major cities, such as San Francisco, where house prices increased by about 9.5% over the same period last year.

It is called the "Rise of the Century" by New York locals!

The government saw something was wrong early at the beginning of the year.

On January 1 this year, the Ministry of Commerce issued a new policy ordering state governments to reduce taxes on real estate purchases, and major banks are also lowering the threshold for personal home loans.

This continued until the end of July.

Some experts from government think tanks have suggested that this is an overdraft of residents' future purchasing power, causing a false economic boom, and pushing up a real estate bubble, as evidenced by the 1991 real estate bubble in Japan.

This attracted the attention of the Clinton administration, which was carried away by the inflated GDP, and quietly reduced the government's support for the real estate sector.

Since August.

The total number of transactions in New York is basically the same as in July, and the kind of grand occasion of increasing transaction volume has not appeared.

Donald knows that in the next period of time, the New York property market will enter a period of stable development, and it will be difficult to have room for operation.

So he set his sights on London, England, on the other side of the Atlantic, and he tasted the sweetness of that property speculation incident and wanted to replicate last year's practice again......

Looking at the housing price trend chart of the United States over the past 100 years, you will find that the original house price does not appreciate forever.

Even if it appreciates, it is negligible, and even for quite a long time, the house continues to depreciate in value.

Han Xuan has the impression that there has only been one particularly serious housing bubble in the history of American real estate, that is, in the seven years from 2000 to 2006, American housing prices have more than doubled.

This was followed by the global credit crisis that began in 2007, which had a lot to do with the previous U.S. real estate bubble.

It only rose 2 times, which is also called the worst bubble in the history of the United States, and compared with the 5 to 10 times increase in housing prices in China in 10 years, it is simply not worth mentioning.

After the U.S. home price peaked in 2006, it plummeted, and in less than three years, it completely fell back to the price before the surge, and even returned to the price of 100 years ago, which is based on the data obtained on the basis of inflation.

Without exception, after the U.S. property market soars, it will fall sharply, squeezing out the bubble in the property market.

But a bubble is a bubble after all, and it is used to treat high-priced houses that are seriously inconsistent with reality as a value-preserving investment product, and sooner or later they will be unlucky.

In developed countries with perfect supervision mechanisms, it is already a miracle that the profit can be 30%.

Donald not only sold the backlog of real estate in his hands this time, but also sold it quickly at a price equivalent to 120% in October last year, causing him to become a limelight among American real estate developers for a while, and many people followed him to make a fortune and get the title of the king of New York real estate.

After Han Xuan heard Donald's words, he immediately fell into deep thought.

In the past few years, Britain has suffered a great loss in the struggle with the forces behind Soros, and its economic development has not slowed down until now, and the economic upswing momentum of the early 90s has collapsed.

In Han Xuan's opinion, now is not the best time for speculation, so he said, "Wait first."

You build a batch of houses in London, Manchester, Liverpool and other important cities in the UK, don't rush to sell them all, and I will let you know when the time is right.

You keep the gang of people who speculated on the New York property market last time, they have experience. ”

Donald was a straight man who couldn't hide his words, and immediately asked, "Why isn't it appropriate now?"

"The British don't have any money in their hands, who are you selling the house to once it's built?"

Han Xuan asked him rhetorically.

……

There are no big cities in Silicon Valley, so you can't drive to San Francisco just for lunch.

When he saw a Chinese restaurant called "Sifangke" in downtown Santa Clara, Han Xuan patted the front seat and asked the driver to stop.

Donald looked out the window, he didn't like to eat greasy Chinese food, especially this kind of small Chinese restaurant that was unhygienic at first glance, but he didn't say much, followed them out of the car, and sorted out their suits.

Anya is now learning French and Chinese, and although she is smart, she is not as perverted as Han Xuan and Isabelle.

In order to learn these two languages, I spent a lot of effort and devoted myself, and I had almost no problem speaking some everyday spoken language, but when I read books and came across some out-of-the-way words, I was dumbfounded.

Han Xuan spent a lot of time helping her tutor, although she often said that Anya was a little fool, but she knew in her heart that her language talent was already a little better than most people, but she just lacked practice.

At this moment, Anya pointed to the red couplet engraved on the wood on both sides of the door, and read it word by word: "Return to your hometown...... It's still a guest, a home...... Four Hayes is home.

Han, what does that mean?"

"I guess it means leaving my hometown and making the world home. ”

Han Xuan said casually.

Americans are the people who have come to the North American continent from all over the world, and they are a country that lacks a sense of vernacularity.

Most adults want nothing more than to be away from home.

So Donald, Anja, and Harris don't understand why they write this kind of sentence in front of a restaurant.

Walking into the restaurant, it was just lunchtime, and there were quite a few customers inside.

Silicon Valley has many talents from all over the world, among which there are many residents of Xiangjiang, Baodao and Huaxia.

Tired of eating Western food, they occasionally come to the only Chinese restaurant in the nearby town for a change of taste.

Among those diners, there was a guy who buried his head in the sea and ate beef noodles, which attracted Han Xuan's attention, and it can even be said that his expression was simply dumbfounded now.

The classic Panax notoginseng development type, the small-headed brain gate, this face that looks weird now, but has since become a classic...... Who else could it be if it wasn't Jack Ma? (To be continued.) )